Billionaire’s Berkshire Hathaway had a bad year in 2008, and his annual letter to shareholders doesn’t predict a quick rebound. But he’s not throwing in the towel.

Chairman Warren Buffett’s annual assessment.

Learn the secrets of making money and building wealth from the masters of personal finance.

Learn the secrets of making money and building wealth from the masters of personal finance.

U.S. bank regulators closed two more banks on Friday, the 15th and 16th banks to fail this year, as the worsening recession pulled more regional banks underwater.